Tech-enabled ESG initiatives are now the global benchmark: report

Major companies responsible for 2-3% of global emissions are more engaged in tackling climate concerns.

Tech-enabled ESG initiatives have become the global benchmark that will continue to shape the future of sustainability, GlobalData reported.

“Technology is at the heart of business and consumer life. The more tech companies improve their ESG performance, the better for their customers, the environment, and society as a whole,” Robert Pritchard, Principal Analyst, Enterprise Technology and Services at GlobalData said.

Major companies that account for 2-3% of global emissions have taken a more active role in addressing climate concerns through innovative solutions.

“Tech companies continue to develop solutions to enable their customers to reduce their emissions,” Pritchard said.

“For example, they can route their network traffic to reduce climate impact or can recycle, reuse, and repurpose last-generation equipment and devices. This reduces strains on scarce resources, and can empower countries and individuals with technology that they otherwise could not access.”

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